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Open Houses That Produce Results

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Page 1: Open Houses That Produce Results. Why Open Houses?  Emailing  Door Knocking  Distribution  Phone Calling  Mailing Marketing system that builds on

Open Houses That Produce

Results

Page 2: Open Houses That Produce Results. Why Open Houses?  Emailing  Door Knocking  Distribution  Phone Calling  Mailing Marketing system that builds on

Why Open Houses?

Emailing

Door Knocking

Distribution

Phone Calling

Mailing

Marketing system that builds on Multiple Prospecting

Techniques

Page 3: Open Houses That Produce Results. Why Open Houses?  Emailing  Door Knocking  Distribution  Phone Calling  Mailing Marketing system that builds on

Prospecting Menu Sphere of Influence

Emailing

Geographic Farm

Demographic Farm

Open House

Direct Mail

FSBO Expired Contact Advertising Cold Calling Door Knocking Customer Service Time Personal Promotion Social Media

Page 4: Open Houses That Produce Results. Why Open Houses?  Emailing  Door Knocking  Distribution  Phone Calling  Mailing Marketing system that builds on

11 days before (Wed)

Familiar Property

Familiar Neighborhood

High Traffic

Select the property YOU

want to hold open

Page 5: Open Houses That Produce Results. Why Open Houses?  Emailing  Door Knocking  Distribution  Phone Calling  Mailing Marketing system that builds on

11 days before (con’t) Consider additional agent to assist

Confirm with Listing Agent

Prepare Advertising

Send to Ad Coordinator

Know regulations regarding permits, flags and

balloons

Page 6: Open Houses That Produce Results. Why Open Houses?  Emailing  Door Knocking  Distribution  Phone Calling  Mailing Marketing system that builds on

10 days before

(Thurs) Select Area(s) to Invite

Surrounding Neighborhood

Lower Priced Area that would move up to

this property

Your Prospects

Your Sphere of Influence

Page 7: Open Houses That Produce Results. Why Open Houses?  Emailing  Door Knocking  Distribution  Phone Calling  Mailing Marketing system that builds on

10 days before

(con’t) Determine Marketing Piece(s)

Invitation

Flyer

Door Hanger

Create or Order

E-Flyer

Page 8: Open Houses That Produce Results. Why Open Houses?  Emailing  Door Knocking  Distribution  Phone Calling  Mailing Marketing system that builds on

9 days before (Fri)

Preview Property

Preview Comparable Properties

Active

Contingent (if possible)

Preview Neighborhood

Properties

Page 9: Open Houses That Produce Results. Why Open Houses?  Emailing  Door Knocking  Distribution  Phone Calling  Mailing Marketing system that builds on

6 days before

(Mon) Mail Invitations

Install Open Sunday Rider

Door Knock

Invitations

Door Hangers

Page 10: Open Houses That Produce Results. Why Open Houses?  Emailing  Door Knocking  Distribution  Phone Calling  Mailing Marketing system that builds on

5 Days before (Tues)

Have Escrow Prepare Buyer Closing Costs

Assurance Mortgage prepare Financing Flyer

Order Water bottles

Continue Marketing Efforts that you selected

Page 11: Open Houses That Produce Results. Why Open Houses?  Emailing  Door Knocking  Distribution  Phone Calling  Mailing Marketing system that builds on

4 Days before

(Wed) Collect Local Area

Information

Chamber of Commerce

School District

Association of Realtors

Schools

Shopping

Parks

Transportation

Page 12: Open Houses That Produce Results. Why Open Houses?  Emailing  Door Knocking  Distribution  Phone Calling  Mailing Marketing system that builds on

4 days before (con’t)

Start the process over for the next Open House

Prepare E-Flyer as Open House

Personalized with your name (if not your listing)

Make copies

Email to SOI, Prospects

Page 13: Open Houses That Produce Results. Why Open Houses?  Emailing  Door Knocking  Distribution  Phone Calling  Mailing Marketing system that builds on

3 Days before

(Thurs) Prepare Handouts for Open

House

Copy of E-Newsletter

Local Information

Check comparable properties

Availability/Status

Open same day?

Page 14: Open Houses That Produce Results. Why Open Houses?  Emailing  Door Knocking  Distribution  Phone Calling  Mailing Marketing system that builds on

2 days before (Fri)

If using laptop, prepare slide show of comparable

and or neighborhood properties

Prepare, Personalize, Print Active Comparable

Listings from MLS as handout

Page 15: Open Houses That Produce Results. Why Open Houses?  Emailing  Door Knocking  Distribution  Phone Calling  Mailing Marketing system that builds on

1 day before

(Sat) Add to Craigslist as an Open House

The later in the day the better to get better

placement when searched

Social media Posting

Page 16: Open Houses That Produce Results. Why Open Houses?  Emailing  Door Knocking  Distribution  Phone Calling  Mailing Marketing system that builds on

Open House

Day

Gather Information to Take

Flyers

Business Cards

Local Information

Name Tag

Comparable Information

Guest Book or Registry

Laptop

Check advertising to be aware of other open houses in the area

Page 17: Open Houses That Produce Results. Why Open Houses?  Emailing  Door Knocking  Distribution  Phone Calling  Mailing Marketing system that builds on

Open House

Day Stop at the Market

Buy a bag of ice

Put in kitchen sink with

water bottles from

Assurance Mortgage

Dry Candy/Mints

Flowers

Gift Card for Drawing ($25)

Page 18: Open Houses That Produce Results. Why Open Houses?  Emailing  Door Knocking  Distribution  Phone Calling  Mailing Marketing system that builds on

Open House Day

Arrive in time to set

up Go to the home FIRST!

Prepare home for showing

Get seller’s permission

A/C or Heat

Fireplace

Candles or Air Freshener

No Animals!! No Land Mines

Lights On, Drapes Open

Page 19: Open Houses That Produce Results. Why Open Houses?  Emailing  Door Knocking  Distribution  Phone Calling  Mailing Marketing system that builds on

Open House Day

(con’t) Put note on door…back in xx minutes

Go to furthest point out and place open

house signs

Often consumers will follow you to

the house…and you’re ready!

Page 20: Open Houses That Produce Results. Why Open Houses?  Emailing  Door Knocking  Distribution  Phone Calling  Mailing Marketing system that builds on

Actual Open House Wear your name tag

Your safety is most important. Be aware of your surroundings and security of the home.

Your attitude is key!

Page 21: Open Houses That Produce Results. Why Open Houses?  Emailing  Door Knocking  Distribution  Phone Calling  Mailing Marketing system that builds on

Guests

Arrive Greet them with a warm welcome

Ask them to sign the guest registry on your laptop

The seller requests that anyone who wants to see

the house please give their name and contact info

Page 22: Open Houses That Produce Results. Why Open Houses?  Emailing  Door Knocking  Distribution  Phone Calling  Mailing Marketing system that builds on

Ice Breakers

Do you live in the neighborhood?

How did you find out about this Open House?

Are you working with an agent?

What size home are you looking for?

Have you seen any homes that you’ve liked?

Page 23: Open Houses That Produce Results. Why Open Houses?  Emailing  Door Knocking  Distribution  Phone Calling  Mailing Marketing system that builds on

During the Open

House Have your laptop running a slide show of

comparable homes

Offer copy of comparable homes that you

have personalized with your name, email,

websites etc

Buyer Broker Agreement…just in case you can

sign one up!

Buyer Sale Package

Page 24: Open Houses That Produce Results. Why Open Houses?  Emailing  Door Knocking  Distribution  Phone Calling  Mailing Marketing system that builds on

Your attitude dictates your success

Be Positive

Be Helpful

Listen to them and Learn their needs and wants

Provide Premier Service to both the Seller and Buyer

Page 25: Open Houses That Produce Results. Why Open Houses?  Emailing  Door Knocking  Distribution  Phone Calling  Mailing Marketing system that builds on

Closing the Open

House Put a note on the door that you’ll be back in xx

minutes

Go to the furthest sign out and pick up signs…often there will be someone looking until the last minute, they’ll follow you…again you’ll be ready!

Return the home in the condition in which you received it.

Page 26: Open Houses That Produce Results. Why Open Houses?  Emailing  Door Knocking  Distribution  Phone Calling  Mailing Marketing system that builds on

Closing the Open House (con’t)

Leave a note for the seller

Thanking them for the opportunity

Recap Activity

Page 27: Open Houses That Produce Results. Why Open Houses?  Emailing  Door Knocking  Distribution  Phone Calling  Mailing Marketing system that builds on

Day 1 After the Open House Add Contacts to your Real Living Business Center

Contact Manager Contact all guests through whatever means possible

Set the contact up on a campaign Ask for feedback on the home Ask for appointment to qualify and get their

commitment to you Offer to show them properties that fit their needs

Page 28: Open Houses That Produce Results. Why Open Houses?  Emailing  Door Knocking  Distribution  Phone Calling  Mailing Marketing system that builds on

Miscellaneous

Thoughts If you are working the open house with another

agent

Have a written agreement on how you will be

handling the public that attends

Referral?

Split Commission?

If one of you brings the buyer?

Page 29: Open Houses That Produce Results. Why Open Houses?  Emailing  Door Knocking  Distribution  Phone Calling  Mailing Marketing system that builds on

Miscellaneous

Thoughts Consider yourself as putting on a performance:

A buyer or seller may be evaluating you to be

their agent

People will look for your enthusiasm, confidence,

trust

This is your opportunity to show your Premier

Service Attitude